Efficient decision making supported by ISO 55000

Expectations towards grid operators are very complex. At the same time the number of stakeholders is increasing and the different expectations are more and more conflicting with others. Working in a dynamic environment (e.g. socio-demographic change, new energy flows) and having an investment need, resp. backlog, rational decision making becomes crucial. Hence a comprehensive methodology of decision making is needed. This is provided by the value-based asset management approach – standardised in ISO 55000.